In terms of legal issues, one of the most common problems that most people face is the confiscation of bail. This can be very difficult to understand, especially if you do not have experience in handling court cases yet. In fact, that's how it happens. When you, a friend or family member is arrested, you have the option to pay with your own money to get a temporary release. However, if you do not have enough money to pay for a temporary release, you can go to a company that provides bonds.
A bond is a form of insurance that requires the defendant to accept and abide by the terms set out by the court. A bond may be a specific amount of money or the value of a property that is determined by the court to ensure that the defendant will appear in court on the scheduled dates. But what does confiscation mean? Learn more about this from the lawyers themselves.
Like many lawyers and legal experts, bond confiscation refers to the beneficiary locking in the guarantee under the terms of the agreement. If the defendant does not appear in court on the scheduled dates, it is the responsibility of the surety company to pay any outstanding amount.
When the bonds are lost, the funds can not be repaid. These become the property of the jury assigned to this case. There are differences between the deposit of guarantors. If the case is judged as a criminal case, the non-attendance of the accused at the scheduled hearings will result in forfeiture of the bond. If the case is judged as a civil case, forfeiture of the bond means that a particular right of the defendant is deprived or destroyed accordingly, in order to ensure compliance with the terms of the agreement.
Bail confiscation does not occur simply because the defendant does not appear in court. Instead, the defendant must first explain his failure to attend the scheduled date of the hearing. If the defendant fails to provide a valid excuse, the judge will issue a warrant for arrest. Now, if the defendant hides and / or can not be found when the warrant is served, the court will then proceed to the forfeiture of the bond. However, apart from the loss of money resulting from the loss of the surety, the failure to appear at the scheduled hearing dates may be detrimental to the defendant 's case. Therefore, it is very important to know the importance of surety bonds.